FCA to implement compulsory investment pathways for non-advised drawdown

Kim Kaveh
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Consumers entering drawdown without advice must be presented with investment pathways, the FCA has said
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Consumers entering drawdown without advice must be presented with investment pathways, the FCA has said

Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) has said.

In the final rules and guidance for its Retirement Outcomes Review released this morning (30 July), the FCA said that consumers entering drawdown, or transferring assets already in drawdown to a new provider,...

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